GBP/USD: pound made new lows

06:14 28.06.2018

Technical levels: support – 1.3040; resistance – 1.3140.

Trade recommendations:

Sell — 1.3140; SL — 1.3160; TP1 — 1.3040; TP2 — 1.2920.

Reason: expanding bearish Ichimoku Cloud with falling Senkou Span A and B; a new dead cross of Tenkan-sen and Kijun-sen; the market made a new lows and will continue downtrend after correction to Tenkan-sen.